ACC : Clarification to media report under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amende
March 19, 2024 at 12:59 am EDT
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March 18, 2024
To,
Listing & Compliance Department
Listing Department
National Stock Exchange of
India BSE Limited
Limited
1st Floor
Exchange Plaza, 5th Floor
P. J. Towers,
Plot No. C/1, "G" Block
Dalal Street
Bandra-Kurla Complex
Fort, Mumbai 400 001
Bandra (E), Mumbai 400 051
NSE Symbol: ACC
BSE Scrip Code: 500410
Subject: Clarification to media report under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
Dear Sir / Madam,
This is in relation to the article titled 'US Probing Indian Billionaire Gautam Adani and His Group Over Potential Bribery' published by Bloomberg on March 15, 2024. ACC Limited ("Company") states that it has not received any notice from the Department of Justice of U.S. in respect of the allegation referred to in the said article.
The Company states that the report is false.
This intimation will also be uploaded on the Company's website at
www.acclimited.com.
You are requested to take the same on your records.
ACC Ltd. published this content on
18 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
19 March 2024 04:58:03 UTC.
ACC Ltd is leader in India of cement production. Net sales break down by family of products as follows:
- cements (91.8%): 28.9 Mt sold in 2021;
- ready mix concrete (8.2%): 2.8 million of m3 sold.
At the end of 2021, the group has 17 cement plants and 62 concrete plants located in India.
All net sales are in India.
ACC : Clarification to media report under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amende